CLARIFICATION ABOUT DUTIES

[Mohammad Ishaq]

Dear sir, i purchese used / old OF 85 T/HR WATER TUBE BOILER UNIT AND ITS ASSOCIATED SYSTEMS AND SPARES ON “AS IS WHERE IS BASIS” INCLUDING DISMANTLING & REMOVAL. water tube boiler of twin drum with super heater. (Make: M/s. Mitsuibishi Heavy Industries, Japan). AMOUNT 71,11,786/- Lumpsum price for Boiler UNIT and its associated systems and spares (including dismantling and removing of all in 'as is where is' condition. Note: The quoted rate shall be excluding VAT/CST & IT which would be extra at prevailing rates at the time of delivery. The quoted price shall be deemed to be excluding Excise Duty, VAT/CST, IT, Service Tax etc. I NEED CLARIFICATION ABOUT DUTIES WHAT % ED WHAT % IT WHAT % SALE TAX I HAVE TO PAY WHAT % SERVICE TAX I HAVE COLLECT REGARDS ISHAQ

AI Summary

Understanding Duties and Taxes on Used Boiler Purchase: Excise Duty, Income Tax, Sales Tax, and Service Tax Explained A user inquired about the applicable duties and taxes for purchasing a used water tube boiler unit, including excise duty, income tax, sales tax, and service tax. The boiler, made by Mitsubishi Heavy Industries, was purchased on an 'as is where is' basis for a lump sum price, excluding VAT/CST, income tax, and excise duty. The respondent suggested consulting a professional or searching online for tariff codes and notifications to understand the duty structure, as such queries are not easily answered without specific expertise.